Overview
What is Sheet Metal Workers Training & Education Fund?
The Sheet Metal Workers Training & Education Fund is a nonprofit organization situated in Omaha, Nebraska. With a modest team of three dedicated individuals, its primary focus is to provide comprehensive training and education for apprentices entering the sheet metal trade. This initiative not only equips them with necessary skills but also contributes to their professional growth within the sheet metal industry. The fund's mission is to empower local union members by offering specialized education programs, thereby strengthening the workforce and fostering a skilled work environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Sheet Metal Workers Training & Education Fund has achieved a solid score of 82%, reflecting strong performance in accountability and finance. This rating is significant as it suggests that the organization effectively manages its resources and maintains transparency with its financial practices. The charity's score is derived entirely from its accountability and finance metrics, indicating a commitment to responsible governance.
One of the notable strengths of the organization is its board composition, which is comprised entirely of independent members, earning full points in this category. Additionally, the Fund has demonstrated sound financial practices through its audited financial statements and a low liabilities-to-assets ratio, showcasing its stability. With a high program expense ratio of 95.26%, it indicates that the majority of funds are directed toward educational programs rather than administrative costs.
While the overall rating is strong, it is important for potential donors to consider the organization’s specific impact and effectiveness in achieving its mission beyond financial metrics. Nonetheless, the Sheet Metal Workers Training & Education Fund's commitment to accountability and transparency makes it a trustworthy option for those looking to support vocational training and education in the sheet metal industry.
This AI summary has been generated from information found on Charity Navigator.
Is Sheet Metal Workers Training & Education Fund legitimate?
Sheet Metal Workers Training & Education Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Workers Training & Education Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $116,264
For more financial information, click here
What is the mission statement of Sheet Metal Workers Training & Education Fund?
The Sheet Metal Workers Training & Education Fund's primary mission is focused on providing training and education. This mission is specifically directed towards local union apprentices entering the sheet metal trade. The goal is to equip these apprentices with the necessary skills and knowledge required for their profession.
Who is the CEO of Sheet Metal Workers Training & Education Fund?
Jason Kirchhevel is the Member of Sheet Metal Workers Training & Education Fund.
What is the revenue of Sheet Metal Workers Training & Education Fund?
Sheet Metal Workers Training & Education Fund's revenue in 2023 was $931,010.
Who are the executives of Sheet Metal Workers Training & Education Fund and what are their salaries?
The average compensation at Sheet Metal Workers Training & Education Fund during 2023 was $38,755. There are 3 employees at Sheet Metal Workers Training & Education Fund.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $126,655
- Other: $61,914
- Compensation: $114,452
- Related: $0
- Other: $46,063
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sheet Metal Workers Training & Education Fund?
Sheet Metal Workers Training & Education Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sheet Metal Workers Training & Education Fund
The Sheet Metal Workers Training & Education Fund is dedicated to providing training and education for apprentices entering the sheet metal trade. This nonprofit organization's mission is centered around the development and advancement of local union members, offering a comprehensive educational program to prepare them for their future careers in the sheet metal industry. By investing in the training and education of these apprentices, the Sheet Metal Workers Training & Education Fund plays a significant role in ensuring a skilled workforce and fostering the growth of the sheet metal trade sector.
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Impact
October, 2024
The Sheet Metal Workers Training & Education Fund significantly impacts the local workforce by providing essential training and education for apprentices entering the sheet metal trade. Based in Omaha, NE, the fund focuses on equipping local union member apprentices with the skills and knowledge required to excel in their careers. This dedicated training program not only enhances the employability of participants but also contributes to the overall quality and professionalism of the sheet metal industry in the region. By fostering a well-trained workforce, the fund helps ensure that skilled workers are available to meet the demands of the labor market, ultimately supporting economic growth and development in the community.
This information is meant to be a general summary of Sheet Metal Workers Training & Education Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $7,880
- Program Service Revenue: $860,640
- Gross Receipts: $931,010
Assets and Liabilities:
- Total Assets: $1,443,487
- Total Liabilities: $14,718
- Net Assets: $1,428,769
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM CONTRACTORS
Revenue
$849,744
TUITION AND BOOK FEES
Revenue
$6,096
FEES FROM AFFILIATES
Revenue
$4,800
Organization Details
Founding Year
1974
Phone
(402) 330-3383Principal Officer
Jason Kirchhevel
Main Address
3333 SOUTH 24TH STREET, OMAHA, NE, 68108
NTEE Category
Code: J22I - Employment
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